The dollar rallied to its highest in almost a year versus the euro on Friday, capping its best month since last September.
A slew of disappointing data from the euro zone has heightened expectations that the European Central Bank will offer stimulus next year.
Any hope that the region's economic...
India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months.
Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.
Industrial production in Japan added 0.2 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.
That was well shy of forecasts for a gain of 1.0 percent following the 3.4 percent decline in June.
On a yearly basis, industrial production fell 0.9 percent - also missing...
Industrial output in South Korea climbed a seasonally adjusted 1.1 percent on month in July, Statistics Korea said on Friday.
That beat forecasts for a decline of 0.9 percent following the downwardly revised 2.6 percent increase in June (originally 2.9 percent).
On a yearly basis, industrial output...
The total number of building consents issued in New Zealand was up a seasonally adjusted 0.1 percent on month in July, Statistics New Zealand said on Friday - coming in at 2,282.
That was well shy of forecasts for an increase of 1.0 percent following the 3.5 percent gain in June.
The dollar held near its highest in almost a year on Thursday as dismal German economic data cemented expectations for stimulus from the European Central Bank.
At the same time, a strong reading on U.S. second quarter GDP had traders betting the Federal Reserve may hike rates sooner than forecast.
The U.S. dollar recaptured its lost ground against its major counterparts on Thursday, as the U.S. GDP growth was revised up in the second quarter, while jobless claims declined last week, in another signs of rebound in the world's largest economy.
The jobless claims decreased by 1,000 to 298,000...
Germany's unemployment increased unexpectedly in August as worsening economic activity weighed on job creation. In addition, consumer price inflation, at a four-and-a-half-year low, boosted the scope for more stimulus from the European Central Bank. The number of people out of work increased by a seasonally adjusted 2,000 persons to 2.901 million in August, the Federal Labor Agency reported.
Eurozone economic confidence weakened more-than-expected in August to its lowest level in eight months, underscoring rising pessimism amid heightened geopolitical tensions and stagnating economic recovery. The economic confidence index fell to 100.6 in August, the lowest score since December, from 102.1 in July, the European Commission said Thursday.
The Philippine economy grew more-than-expected in the second quarter on strong support from foreign demand, figures from the National Statistical Coordination Board showed Thursday. Gross domestic product for the second quarter advanced 6.4 percent year-on-year, exceeding economists' expectation for 6.1 percent growth. This followed by a revised 5.6 percent rise seen in the first quarter.
South Korea posted an unadjusted current account surplus of $7.91 billion in July, the Bank of Korea said on Thursday - remaining in the black for the 29th consecutive month.
The headline figure is little changed from June's surplus of $7.92 billion.
The goods account surplus widened to $6.86...
The dollar consolidated its strong recent gains against major rivals in quiet dealing Wednesday following another round of weak economic news from Europe.
Downbeat German consumer sentiment data raised expectations of monetary stimulus from the European Central Bank.
While Europe is in danger of...
German consumer sentiment is set to weaken in September for the first time since early 2013 as intensified geopolitical tensions are likely to shift the economy into lower gears. The forward-looking consumer confidence index fell to 8.6 from a revised score of 8.9 in August, a survey by the market research group GfK, based on responses from 2,000 households, showed Wednesday.
Food prices in New Zealand dipped 0.7 percent on month in July, Statistics New Zealand said on Wednesday.
That was well shy of forecasts for an increase of 0.7 percent and down sharply from the 1.4 percent gain in June. Prices also were up 0.6 percent in May.
"There were lower prices for meat in...